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11 Apr, 2012
Reaves & Lee

Secured Loans In Chapter 13

Much of the appeal in filing for Chapter 13 bankruptcy over Chapter 7 comes from its ability to resolve secured loans. These loans leave the secured asset at risk of repossession or liquidation if the debtor defaults on the...

10 Apr, 2012
Reaves & Lee

Two Important Tax Debt Questions

If you haven’t already done your taxes time is running out, but before you submit your return you should consider whether you will face any additional liabilities. In general, there are two very important questions to...

10 Apr, 2012
Reaves & Lee

Credit Cards In Chapter 13

Credit card debt is one of the most common sources of debt brought into a bankruptcy filing. While most people who end up in Chapter 13 have an income sufficient for repayment of credit card debt, there are cases in which a...

10 Apr, 2012
Reaves & Lee

Keeping Tax Credits In Bankruptcy

There are cases in which the bankruptcy process requires that some funds be turned over to help satisfy debts. Some of these funds can include items such as tax refunds and earned income tax credits. However, a new Kansas law...